Steel Daily
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
GST 2.0 Reshapes Construction: Lower Costs, Affordable Housing, and Faster Project Delivery
The rollout of GST 2.0 on September 22 has reshaped India’s construction industry by reducing tax rates on cement, materials, and logistics. With...
Maharashtra Signs ₹80,962 Crore Investment Pacts at Steel Mahakumbh, Over 40,000 Jobs to be Created
Maharashtra secures ₹80,962 crore in steel investments at Steel Mahakumbh, creating over 40,000 jobs across multiple districts, boosting industrial growth.
Chennai Metro Marks Milestone with U-Girder Installation at Vadapalani
Chennai Metro Rail has achieved a milestone at Vadapalani by installing massive U-shaped girders for Corridor 4 above Jawaharlal Nehru Salai. Using advanced...
India’s Demand Shields Steel Sector from China’s Export Flood, Says Tata Steel CEO
Tata Steel CEO T.V. Narendran says India’s strong demand shields domestic steelmakers from China’s cheap exports, while Kalinganagar expansion stays on track.
Centre Launches ₹5,000 Crore National Mission for Sustainable Steel to Cut Carbon Emissions
The Indian government is launching a ₹5,000 crore National Mission for Sustainable Steel to promote clean steel-making technologies and reduce carbon emissions. Focused...
Action Construction Equipment to Invest ₹400 Crore in New Palwal Facility
Action Construction Equipment Ltd (ACE) will invest ₹400 crore to set up a 22-acre tower crane manufacturing plant in Palwal, Faridabad. With additional...
Jindal Group Makes Takeover Offer for Thyssenkrupp’s Steel Division
India’s Jindal Group has made a takeover offer for Thyssenkrupp’s struggling steel division. The proposal focuses on green steelmaking, job security, and long-term...
Karnataka Mining Sector Faces Major Setback Over Proposed 30% Export Duty
Karnataka’s mining industry warns of severe crisis as Centre proposes 30% export duty on low-grade iron ore, alongside the Maximum Permissible Annual Production...
Sumitomo, Bajaj JV to Invest ₹2,345 Crore in Karnataka Steel Plant; NGEF Revival on Agenda
Karnataka secures ₹2,345 crore Sumitomo-Bajaj steel plant in Koppal; NGEF revival, EV investments, and Yaskawa tech unit boost state’s industrial growth.
